Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33548. (Read 26715675 times)
May 31, 2013, 07:04:53 PM
May 31, 2013, 07:04:01 PM
May 31, 2013, 07:03:52 PM
LOL. A million comes into the order book and a million dollar wall goes up. Noob alert?
Didn't say I believed that explanation, just that it was the simplest, as per Occam's Razor
Stand down noob assault team
I actually think he's trying to trick the bots into vol trading. I don't think he's dumping or buying in, he's just playing the vol cycle. When vol is low - create your own
May 31, 2013, 07:00:30 PM
If that wall goes down and someone dumps we may see 120 fall, especially if everyone buying at 129+ capitulates. All the depth on the bid side above the wall is pretty much insignificant bot spam.
May 31, 2013, 06:49:53 PM
LOL. A million comes into the order book and a million dollar wall goes up. Noob alert?
Didn't say I believed that explanation, just that it was the simplest, as per Occam's Razor
Stand down noob assault team
May 31, 2013, 06:48:30 PM
LOL. A million comes into the order book and a million dollar wall goes up. Noob alert?
May 31, 2013, 06:46:58 PM
Speculate:
What's wollzilla's intention?
Prop the price up so he can dump and run?
Or just a desperate bull?
Occam's razor
What's wollzilla's intention?
Prop the price up so he can dump and run?
Or just a desperate bull?
Occam's razor
Occam's razor says someone wants to buy 8000 BTC and there is no 'wollzilla' ... he is a figment of our vivid imaginations
Hmmm ...
May 31, 2013, 06:39:29 PM
Speculate:
What's wollzilla's intention?
Prop the price up so he can dump and run?
Or just a desperate bull?
Occam's razor
What's wollzilla's intention?
Prop the price up so he can dump and run?
Or just a desperate bull?
Occam's razor
May 31, 2013, 06:19:07 PM
We are but mere plankton in whalezilla's world ...
Whalezillas only eat Mothrankton.
lol
Mothrankton - a strange organism uncontrollably drawn to green and red candles
May 31, 2013, 06:16:05 PM
We are but mere plankton in whalezilla's world ...
Whalezillas only eat Mothrankton.
May 31, 2013, 06:15:18 PM
May 31, 2013, 06:14:34 PM
Gox down again?
May 31, 2013, 06:07:55 PM
If you want something really creative to watch, listen to and chill to while we wait, check this out ... layer upon layer of beautiful sound
http://www.youtube.com/watch?v=JrJVUsnsimw
http://www.youtube.com/watch?v=JrJVUsnsimw
May 31, 2013, 06:02:47 PM
May 31, 2013, 06:01:13 PM
We are but mere plankton in whalezilla's world ...
May 31, 2013, 05:58:05 PM
at least it give us some action and something to talk 
May 31, 2013, 05:52:52 PM
lol - now THIS is entertainment. Everyone is so confused
Perhaps that's the only purpose of these walls. Just a trollwall to troll the wall observer thread.
Only costs some millions in fiat. No big deal.
May 31, 2013, 05:52:01 PM
lol - now THIS is entertainment. Everyone is so confused
Perhaps that's the only purpose of these walls. Just a trollwall to troll the wall observer thread.
May 31, 2013, 05:50:37 PM
lol - now THIS is entertainment. Everyone is so confused
May 31, 2013, 05:47:44 PM
People aren't falling for it anymore, at least not enough. Doubt a 15k wall would work. Not enough interest for a real rally today.
Definitely a bear signal.... If he can't raise the price enough to unload his BTC in a controlled fashion, then he'll be dumping his holdings at market!
You're saying he is holding over a million dollars in fiat, and uses that to prop up the price to unload his BTC? In order to do that he would have to have a couple million dollars on the exchange (for fiat + BTC). I somehow doubt that is the case. And seeing the same is happening on EU and GBP market I believe this can't be just one single person doing this, it has to be coordinated.
Some here have huge stack of BTCs. HUGE stacks. As in "loaded the truck when they were 10 cents a piece" huge.
Having multiple millions of dollars really isn't that far-fetched.
Pretty much this. When you are loaded, a bit of simple manipulation (as per Goomboo's "hammer") it's just profitable. Those walls chasing the price and suddenly disappearing just after or just before a significant move on the opposite side have a clear purpose.
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